What primarily drove the decline in inflation to 2.4% in March 2025?

What primarily drove the decline in inflation to 2.4% in March 2025?

  • Correct Answer: Lower gasoline prices
  • Higher grocery prices
  • Increased shelter costs
  • Rising egg prices

Explanation: Inflation fell to 2.4% in March 2025, largely due to a 6.3% drop in gasoline prices from February, though tariffs posed risks of reversal.

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